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Cons: Does not accept fiat deposits, complex interface. For any compensation of losses caused by such exchanges or purchases there is no legal entitlement. Mined bitcoin is considered earned income. 2 :Taiwan On 6 December 2013, Perng Fai-nan said that bitcoin is only used in certain communities. So why is it listed here? 132 As of, several banks have closed accounts of clients trading bitcoin, and indicated "presumption of criminal offense" as the cause, with "criminal offense" presumably being "cryptocurrency trade". 10 In 2017 it was revealed that the proposal will require cryptocurrency exchanges and cryptocurrency wallets to identify suspicious activity. "Luxembourg Opens Dialogue with Bitcoin Businesses in New Statement". "Russian Tax Office Updates Legal Stance On Bitcoin". Retrieved "Anti Money Laundering Office Thailand".